BREAKING: German IFO index points to weaker sentiment in economy!

Germany - Ifo sentiment index for July:

Actual: 87,3. Forecast: 88. Previously: 88,5
Current Conditions: Actual: 91,3. Forecast: 93. Previously: 93,7
Future estimates: Actual: 83,5. Forecast: 83,4. Previously: 83,6

In addition, at the same time the ECB published a study on loans in the euro area. The ECB points out that banks are reporting a record drop in the demand for loans from companies. At the same time, banks are further tightening their restrictive lending policies.

Source: EBC

After the Ifo report and the ECB credit report, EURUSD reduces recent gains and is close to yesterday's close. Source: xStation 5

3 August 2026, 6:48 PM

Daily summary: Sense of relief to global markets🎢 OIL prices dip 8%🚨

3 August 2026, 3:03 PM

BREAKING: US ISM Manufacturing - Strong Beat Across the Board

3 August 2026, 1:20 PM

Eurozone PMIs: German Factory Revival Masks Underlying Stagnation 🇪🇺

3 August 2026, 12:01 PM

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